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Block 315 Hougang Avenue 5

3 Room · 4 Room · Built 1993 · 66 years remaining lease MOP Cleared
Latest Sale
$555,000
Dec 2025 · 4 ROOM · Floor 01-03
Median $/sqm
$5,489
Based on 4 transactions
Total Transactions
4
Since Jan 2017
5-Year Trend
▲ +22%
Median price change
Median Price ?
Top 66%
#383 / 579 Top 66%
Latest Sale ?
Top 69%
#402 / 579 Top 69%
Value ($/sqm) ?
Top 20%
#114 / 579 Top 20%
5-Year Growth ?
Top 97%
#368 / 380 Top 97%
Price Trend
Source: HDB Resale Flat Prices, data.gov.sg. Updated monthly.
What's Your Unit Worth?
HDB records transactions in 3-storey bands (e.g. 01 TO 03). Pick the band closest to your floor.
Estimated Market Value
--
Future Value Projection
Market Appreciation
+4.1%/yr
vs
Lease Decay
−0.40%/yr
Growth assumption
Based on this block’s +22% growth over 5 years
Estimated value in --
--
Market appreciation --
Lease decay --
Net effect --
Projection uses Bala's Table (SLA leasehold model) for lease decay and your selected growth rate for appreciation. Lease decay is non-linear and accelerates as remaining lease shortens. Past growth does not guarantee future performance. Not financial advice.
Lease Decay Projection
0 years 66 years remaining 99 years
66 years 5 months
Remaining lease
↓ 0.40%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 66 years remaining, decay is gradual (~0.40%/yr). It accelerates significantly below 40 years. Market appreciation (historically 2-4%/yr) currently outpaces lease decay for this block.
All Transactions
Date Floor Type Area Price $/sqm
Dec 2025 01 TO 03 4 ROOM 92 sqm $555,000 $6,033
Feb 2024 04 TO 06 3 ROOM 67 sqm $414,000 $6,179
Jan 2022 01 TO 03 3 ROOM 67 sqm $315,000 $4,701
Oct 2021 04 TO 06 4 ROOM 92 sqm $455,000 $4,946
Showing 4 of 4 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 315 Hougang Avenue 5

Block 315 at Hougang Avenue 5 is a residential HDB block in Hougang, Singapore, built in 1993 with approximately 66 years remaining on its 99-year lease. The block contains 3 room, 4 room flats, with resale prices ranging from $315,000 to $555,000 based on 4 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 01 TO 03 sold for $555,000 in 2025-12. The current median price per square metre is $5,489. Over the past five years, resale prices at this block have increased by approximately 22%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8982, with an annual lease decay rate of approximately 0.40%. All transaction data is sourced from Singapore's data.gov.sg open data platform and is updated monthly.

Frequently Asked Questions

How much is an HDB flat at Block 315 Hougang Avenue 5 worth?

The most recent resale transaction at Block 315 Hougang Avenue 5 was $555,000 for a 4 room flat in 2025-12. The median price per square metre across all flat types is $5,489, based on 4 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 315 Hougang Avenue 5?

Block 315 Hougang Avenue 5 was built in 1993 and has approximately 66 years and 5 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.40%, meaning the leasehold value decreases by approximately 0.40% per year at the current remaining lease.

What flat types are available at Block 315 Hougang Avenue 5?

Block 315 Hougang Avenue 5 in Hougang contains 3 room, 4 room flats. Resale prices range from $315,000 to $555,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 315 Hougang Avenue 5 gone up or down?

Resale prices at Block 315 Hougang Avenue 5 have increased by approximately 22% over the past five years. The current median price is $434,500, with the most recent sale at $555,000 in 2025-12.

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